Real Estate in Turkey

Property in Turkey

Cost of Living in Turkey

Turkey has made a huge leap in terms of quality of life, as well as improvements to social conditions in accordance with its ongoing EU negotiations. While Istanbul has become a world-class city, others have also seen major improvements. Political and economic stability, increasing foreign investment and the vision to become a major regional and global power have brought Turkey’s quality of life on par with European countries. Yet, compared to many European countries, cost of life is still relatively low. This is an important factor to keep in mind, while looking to buy property in Turkey. It is one of the biggest reasons why so many people decide to come and invest in Turkish properties, or choose to live in the country. Here is a comparison with Germany based on cost of living figures in 2016: